Business Continuity Statement Example

These decisions determine the content of the action plans and if they change at any time the plans should be changed accordingly.

Business continuity statement example. Section ii business continuity strategy describes the strategy that the department name department will control implement to maintain business continuity in the event of a facility disruption. Examples of these can be viewed for bank of america deutsche bank and north star. Similar to the business continuity plan template this template documents the steps involved in maintaining normal business operations during an unplanned disruption or disaster.

The warrant agent shall maintain plans for business continuity disaster recovery and backup capabilities and facilities designed to ensure the warrant agent s continued performance of its obligations under this agreement including without limitation loss of production loss of systems loss of equipment failure of carriers and the failure of the warrant agent. The goal of these plans is to prevent business operations from stopping. The business continuity policy helps to communicate why the organization is implementing a business continuity programme and provides both direction and requirements.

For clarification the business continuity policy we re talking about isn t the same as the business continuity client disclosures that are published on every us financial institutions website. Business mission statement company mission statement business continuity policy the purpose of the business continuity policy is to maintain business functions in the event of an emergency. It is also necessary to make sure all staff are aware there is a business continuity management system in place and helps to ensure they know their roles and responsibilities with.

The policy applies to its subsidiaries all locations and all employees. 1 policy statement to meet the enterprise business objectives and ensure continuity of its operations xxx shall adopt and follow well defined and time tested plans and procedures build redundancy in teams and infrastructure and manage a quick and efficient transition to the backup arrangement for business systems and services. A business continuity plan is an initiative to make a system of preventing and recovering from threats to the company it involves procedures that ensure employees security and allow them to continue doing their work despite disastrous events and other unfavorable circumstances.